Cloud Accounting for SME
Many large corporations, especially in technological industries, have adopted cloud computing to reduce costs and enhance efficiency. Although overlooked, cloud computing increasingly is applicable to and of value for small and medium enterprises (SME) in almost any industry.
With less infrastructure and fewer internal procedures, SMEs are more flexible than larger competitors. As such, cloud computing can help SMEs reduce operating costs, enhance efficiency, ease negotiations, procurement, system deployment, and management of IT systems while and serving customers and collaborating with overseas business partners. However, the critical issue is to identify just how cloud computing can add value for an SME.
Although SME managers regard cloud computing as an innovative concept, they also have concerns about data security in IT, banking, financial services, and insurance. Transferring to the cloud also poses financial and legal risks. The cost of adopting cloud services can be substantial and the legal risks of data loss or theft can have a profound effect on reputation, stability, and viability of small corporations.
In a two hour, LIVE Webcast, a panel of thought leaders and practitioners assembled by The Knowledge Group will discuss the significant and latest issues on Cloud Computing for small and medium enterprises. Our panel of speakers will offer advice to improve corporate competitiveness using cloud services while avoiding the related legal and regulatory risks.
Key topics include:
- Cloud Computing- A Perspective
- Advantages and Disadvantages of Cloud Computing for SMEs
- Suitability Analysis
- Cloud Computing Investment Costs
- Cloud System Security and Risks
- Regulatory and Compliance Risk
- Best Practices and Strategies for New and SME Companies
NexVue Information Systems
- What is the Cloud
- The Business Value Discussion
- Cloud Examples
- Myth busting
- Business Apps and the Cloud
- Is the Cloud ready for ERP?
Who Should Attend:
- IT Lawyers
- In-house Counsel
- Cloud Computing Professionals
- Chief Information Officers
- IT Heads
- Capital Market Professionals
- Business Consultants
- Business Executives
- Small- and Medium-sized Enterprises
- Other Related/Interested Professionals and Organizations
Ali has 20 years of experience in software industry and a successful track record as a high-tech entrepreneur with multiple successful start-ups. In 2001, Ali founded Everest Software and pioneered the first all-in-one ERP solution for multi-channel small and medium businesses. As founder and VP of Product Management at Everest Software, he was responsible for products and the business direction of the company prior to its successful sale to Versata Software in 2009. Before Everest, Ali founded Accel Inc, a white-box PC Manufacturer; and iCode Inc, an ERP Software Company. ERP solutions built by Ali at iCode provided Accel a scalable solution enabling rapid growth and sale of the $35-million company in 1994.
He graduated from Virginia Tech with two bachelor degrees in Computer Science and Electrical Engineering.
Ali has 20 years of experience in software industry and a successful track record as a high-tech entrepreneur with multiple …
Dan Schwartz has been implementing and supporting ERP solutions for over 25 years. Dan is a CPA, previously with PWC, and has earned his MBA from NYU. He is the founder of three successful businesses: NexVue, NexVue Analytics which develops and sells ERP tools and utilities, and BIO Analytics Corp., which develops and sells business intelligence software solutions.
Dan Schwartz is that rare individual who bridges accounting, business, and technology with equal aplomb. As a practicing CPA with PWC, Dan saw a need for technology partners who really understood the business and finance needs of organizations. He founded NexVue Information Systems and staffed it with hi-tech CPAs who had made the switch to business solution consultants and had lots of ERP implementation experience. Founded on a culture of creative problem solving and innovation, NexVue has developed ERP tools and utilities that increase the efficiency and effectiveness of the solutions and the people who work with them. Pushing forward with the latest innovations in the field, NexVue is a gold partner with Acumatica, a leading vendor of Cloud ERP. Dan has done extensive research into Cloud security and is leading the charge at NexVue to develop new Cloud security tools.
Dan Schwartz has been implementing and supporting ERP solutions for over 25 years. Dan is a CPA, previously with PWC, …
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Method of Presentation:
NASBA Field of Study:
Specialized Knowledge and Applications
NY Category of CLE Credit:
Areas of Professional Practice
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Acumatica is a leading provider of cloud business management software that empowers small and mid-size businesses to unlock their potential and drive growth. Built on the world’s best cloud and mobile technology and a unique customer-centric licensing model, Acumatica delivers a suite of fully integrated business management applications such as Financials, Distribution, CRM and Project Accounting, powered by a robust and flexible platform. In an interconnected world, Acumatica enables customers to take full control of their business; to play to their strengths, since every business is unique; and to empower their people by going wherever their people go, on any device.
About NexVue Information Systems